The price of RUSHA is predicted to go up -7.49%, based on the high correlation periods with IP. The similarity of these two price pattern on the periods is 98.28%.
RUSHA
IP
Down: -7.49%Similarity: 98.28%
RUSHA Revenue Forecast
RUSHA EPS Forecast
RUSHA FAQs
What is bull’s view on RUSHA?
Rush Enterprises, Inc. (RUSHA) is currently viewed positively by bulls due to its strong financial performance and shareholder-friendly initiatives. The stock has a Zacks Rank #1 (Strong Buy) with a projected EPS growth of 18.3% for 2025, supported by strategic expansions and a $150 million stock repurchase program. With a recent 38.7% six-month gain, outperforming its industry, bulls anticipate further upside, targeting $75-$80 based on valuation and growth momentum.
What is bear's view on RUSHA?
RUSHA stock currently trades at $57.50, with a price target of $69, reflecting a 20% upside. Despite industry challenges like slowing vehicle sales, Rush Enterprises shows resilience through strong free cash flow and shareholder-focused initiatives. Its valuation (P/E of 15) and consistent earnings growth make it attractive for long-term investors.
Stephens analyst Daniel Imbro raised the firm's price target on Rush Enterprises to $69 from $66 and keeps an Overweight rating on the shares after Q3 results "came in nicely ahead of expectations." The firm believes Rush's strong free cash flow generation "remains underappreciated" and it expects the company to utilize its cash flow to repurchase shares, in the absence of any additional bolt-on M&A, the analyst tells investors.